$3,325,000
$3,375,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
630 3rd ST Hermosa Beach, CA 90254
8 Beds
8 Baths
4,930 SqFt
Key Details
Sold Price $3,325,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,930 sqft
Price per Sqft $674
MLS Listing ID 23246495
Sold Date 04/10/23
Bedrooms 8
HOA Y/N No
Year Built 1986
Lot Size 4,843 Sqft
Acres 0.1112
Property Description
We are pleased to present, as an exclusive advisor, 630 3rd St, a 4 unit in the highly desirable Hermosa Beach submarket. The property is west of PCH and seconds from the Green Belt. The building is estimated 4,930 sqft with massive units . Each unit is a 2b/2b townhome with two garages per unit. A new owner can benefit from a rare coastal market acquisition, newer construction relative to other properties in the area, a nice building that can be taken a "step further", and a low price per foot compared to other sales in the beach cities. Two units have been renovated, all new windows, electrical, plumbing, newer roof, railings, and more. The property is fully occupied and estimated 43% upside in rents.
Location
State CA
County Los Angeles
Area 149 - Hermosa Bch Valley
Zoning HBR3YY
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
Garage Garage
Garage Spaces 8.0
Garage Description 8.0
Parking Type Garage
Total Parking Spaces 8
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 4188028042
Special Listing Condition Standard
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Bought with Fatima Jen • Home Team Realty